Description
Mexico Real Gross Domestic Product (GDP) in US Dollars is released by the National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía, INEGI). This indicator measures the value of all final goods and services produced within Mexico, adjusted for inflation and converted to US dollars. It is a key indicator for assessing the overall economic health and growth of the country. A higher GDP figure suggests a stronger performing economy, while a lower figure indicates economic contraction.
Real GDP is calculated by adjusting Nominal GDP for inflation using the GDP deflator. It includes the total value of consumer spending, business investment, government spending, and net exports (exports minus imports). The figures are then converted to US dollars for international comparison.
The data is updated quarterly and is typically released within 60 days after the end of the quarter.